38 Neville Road, Clifton QLD

For Sale

Development

$900,000 + GST

86250m2

Consisting of 8.6 hectares of Low-Medium Density Residential Zoned land, possible development options include:

- 15 dwelling houses per hectare (Up to 129 Lot Subdivision)

- 40 dwelling units per hectare (Up to 345 Townhouses/Units)

- Develop in Stages (perhaps a combination of Acreage Lots, Houses, Townhouses and Retirement Villas?)

Previous adjoining development has provided convenient access to all necessary services (such as town water, sewerage, underground power, etc). To encourage further development at this location, the Toowoomba Regional Council offers discounted Infrastructure Charges (Council Contributions). Please ask for more information regarding this, as the savings are substantial on a project of this size!

Let your imagination (and the numbers) guide you to the highest and best use of this well-positioned development site.

With strong demand in Toowoomba's housing market, it's easy to imagine nearby locations becoming increasingly sought-after. This prime development site is located in the safe and friendly town of Clifton (QLD), located about 30 minutes from Toowoomba or Warwick, 1 hour to Gatton and just 2 hours drive to Brisbane. Clifton offers an affordable and attractive alternative to these major centres and is accessible via the New England Highway.

The site adjoins the award winning Clifton State High School (to the South), Clifton Showgrounds (to the North) and newly constructed homes (to the West). Clifton has a variety of local businesses and services, such as its own Foodworks, Bakery, Banks, Post Office, Library, Schools, Childcare, Chemist, Medical Centre, Hospital, Nursing Home, Bowls Club, Golf Club, Pubs, Hotels, Ambulance, Police, Masonic Lodge, Mechanic, Historic Steam Train Railway, plus more (a list of local businesses, groups and clubs is available on request). Many of these are within 15 minutes walk of the site.

Thanks to its unique combination of affordability and proximity to Toowoomba, Clifton enjoys a low rental vacancy rate and is attractive to both investors and owner occupiers. It's the perfect place to raise a young family, or retire from the hustle-bustle of city life.

This is a unique opportunity to acquire a substantial land holding in South-East Queensland and masterplan a project with an entry cost under $1 million. Where else can you buy a development site with a raw land cost potentially under $8,000 per lot, or less than $3,000 per multi-unit dwelling?

Motivated seller welcomes all genuine offers and expressions of interest.

Phone enquiries - please quote property ID 19119

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